So there seems to be hoards of Litecoin threads, Either vehemently for it or against it claiming 'official' death. Most of these threads are self-moderating so as to reinforce the views of the original poster. Which is bullshit nonsense.
So here is an unmoderated thread (by myself at least, Forum mods still apply) where you can freely discuss.
https://bitcointalk.org/index.php?topic=663590.0My personal views on Litecoin are that it has very little reason to hold the #2 spot anymore.
The majority of the reasons it ascended to the #2 spot are no longer valid arguments.
Sure it was 'ASIC proof', We all know how that worked out.
Sure it wasnt BitCoin. But there is 100's of 'Not BitCoins' now.
It was innovative until 9000 other people did it and improved or experimented with the formula.
The one thing that is still a valid reason for it to retain #2 is seniority and perhaps derivative works
Another interesting way to look at coins would be to rate them by Algo, of all coins using a specific Algo, which is top for each. Now rate each algo by relevance or importance. And that is your new 'top coins'
I think so too. Litecoin has seniority, but can that alone guarantee its future relevancy?
Perhaps I am wrong, but there are a number of more innovative coins with more energetic user base. I see them closing the gap with Litecoin with each passing day.